High Probability

5m

4th short added

1m

am at work, started to get a little busy
closed early
+148 pips

Short

5m
2 more positions short
3 total

4 positions short
tgt 88.7

there are actually 8 positions open short.
as the pa moved higher kept adding shorts..

world's longest wait for 8 pips...
all positions were okay, had to wait forever..
few pips each but out
on to the next... whatever it is...

tgt pivot .9305

5m

little impatient
out too early
tgt was good

sell into strength on a lower time frame against the trend of a higher time frame

for instance,
5 min shows downtrend
1 min is pulling up
sell into the weak upmove on the 1 min.
and catch the windfall when it resumes downtrend on 5 min...
no one catches a top or bottom perfectly.

some nice examples of selling into strength
the 5 min supported a downward bias
but the 1 min was going up
selling into the 1 min and waiting for it to turn...
total +25 pips, 23 minutes...

trading in and out of GBPUSD
entering on pullbacks (when thin trix is below zero)
and exiting at the top (when thin trix is above zero and turning down)
in the direction of the trend.
the trades were in zulu so no snapshot
total number of trades 26
5 losses but only because it is Friday noon time and I'm too tired to monitor them any more.
It looked like a pullback was in store and I was just too tired.
I was wrong, no pullback, more upside and there wouldn't have been any losses.
so 26 trades, +222 pips -44 pips= +178 pips for the morning..
Too bad about the tired and giving up. Will have to see how to plan better so that tired isn't a factor...
It is becoming easier to read the trix.
In an uptrend wait to buy when thin trix is below 0 turning up, that's the pullback entry. Open more than one position, close one position after about 10 or so pips... Keep the other one riding...
Eliminate excessive drawdown, means eliminating excessive risk.
Just noticed that the up trend has taken a very sharp reversal. -44 pips doesn't look so bad right about now...
It wasn't just tired that said get out call it quits, it was Friday noon, and the 15 minute trix was taking a sharp turn down, predicting a significant reversal.
So it looks like there was just a little more gasp of uspside to catch the stop losses poised just above r2 and then look out below...
Great week. Really great.
Learned a lot. And caught a lot of pips.
Buy into weakness and sell into strength magic..
Chart below has few positions on it that mimic some of the zulu trades.
want to see how to not get in too too early.

here's the sharp downturn I didn't want to have to ride out on a Friday afternoon...

did I close those long positions in zulu just in time or what

On Friday around noon I closed 5 postions fora small loss just because it was Friday afternoon and I didn;t want to keep any positions open over the weekend.
But evidently the trade is still good, so now I got back in with 2 new positions long..
These trades do not show on the chart, the chart is a demo mimicking the trades which i am taking in live account with zulu...
I will look to open more long positions on pullbacks
2 at a time, one to be closed after a momentum move and the other to be held for a longer range target.

Friday loss -44 pips total for day +178
reentered today, made back the -44 plus some
total for the morning +138... 13 trades..
mimicked some of the trades shown in demo

Well done sir..one question.. you do enter the market with with two buy orders at the same time?.If so wouldn't it be easier to jus double up on your lot size with a smaller TP..again well done and stick to your system no matter what and you will be fine .